Gil Luria, D.A. Davidson head of technology research, joins 'The Exchange' to discuss which stocks are best positioned to win the AI race.

The Daily Cent take:

The Daily Cent | Business & Investing

Are Microsoft, Amazon, and Alphabet Winning the AI Race?

The artificial intelligence race is no longer just about building the smartest chatbot—it's about owning the infrastructure that powers the future of technology. While companies like OpenAI and Anthropic often grab headlines, three tech giants may be in the strongest position to profit over the long term: Microsoft, Amazon, and Alphabet.

Microsoft: Turning AI Into Everyday Productivity

Microsoft has integrated AI across its product lineup, from Windows and Microsoft 365 to GitHub and Azure. Its Copilot tools are helping businesses automate tasks, write code, analyze data, and boost productivity.

Azure has also become a leading cloud platform for companies building AI applications, making Microsoft one of the biggest beneficiaries of enterprise AI adoption.

Amazon: Powering AI Behind the Scenes

Amazon may not have the flashiest AI chatbot, but it dominates where it matters most—cloud computing.

Amazon Web Services (AWS) supplies the computing power that many AI companies rely on. Through Amazon Bedrock and its own AI chips, the company is positioning itself as the backbone of the AI economy while integrating AI into e-commerce, logistics, and Alexa.

Alphabet: AI at Global Scale

Google has spent years investing in artificial intelligence, and those investments are paying off.

Its Gemini AI models are now integrated into Google Search, Workspace, Android, and Google Cloud. Alphabet also owns DeepMind, one of the world's leading AI research labs, giving it a significant advantage in developing next-generation AI technologies.

The Real Winners

While AI startups are innovating rapidly, Microsoft, Amazon, and Alphabet already have what many competitors lack:

• Massive cloud infrastructure
• Billions of users
• Strong cash flow
• Global enterprise customers
• The financial resources to invest tens of billions of dollars in AI

These advantages make them well-positioned to monetize AI over the coming decade.

Final Thoughts

The AI race is far from over, but Microsoft's software ecosystem, Amazon's cloud dominance, and Alphabet's AI expertise have put all three companies in a strong position to lead the next wave of technological innovation.

For investors, the biggest winners in AI may not just be the companies creating new models—they could be the companies building the platforms and infrastructure that power the entire AI revolution.

Disclaimer: This article is for informational and educational purposes only and should not be considered financial or investment advice. Always conduct your own research and consult a qualified financial advisor before making investment decisions.